Middle East Economic Survey

VOL. XLVIII

No 27

4-July-2005

KUWAIT

Greater Equate Financing Delayed Until After Summer

The financing for Kuwaits Greater Equate project has been delayed until after the summer, MEES understands. Greater Equate (which was originally named Olefins-2) had originally expected to approach the market for funding in June, but the finalization of certain commercial agreements has taken longer than expected. The delay is thought to partly rest on a reassessment in light of the...